资源描述：
《a contribution to the empirics of micro credit.evidence from alsol,in chiapas méxico》由会员上传分享，免费在线阅读，更多相关内容在行业资料-天天文库。
1、AContributiontotheEmpiricsofMicroCredit.EvidencefromAlSol,inChiapasMéxicoJustinGrimmerGrimmerj@wabash.eduWabashCollege.wabash.eduAContributiontotheEmpiricsofMicroCredit.EvidencefromAlSol,inChiapasMéxicoJustinGrimmerand1GustavoBarbozaAbstract:Thispape
2、ranalyzestheALSOLmicrocreditfirminSanCristobaldeLasCasas,Chiapas,Mexico.ThismicrocreditbankisaGrameenstylebank,employingjoinliabilityloansinanattempttoalleviatepovertyamongfemaleparticipants.Weconstructpaymentindicators,inordertodeterminethefinancial
3、viabilityoftheALSOLbank,andtoassessdifferencesinrepaymentbehavior.FieldworkattheALSOLsiteincludestheconstructionofaconsistentdatasetandinterviewswithprogramparticipants.OurresultsshowthatALSOLhasahighrateofrepayment.Urbanparticipantshaveahighrepaymen
4、trateandtendtonotcarryarrears,whilethoseintheruralcommunityhavealowerrateofrepaymentandtendtocarryarrears.Wehypothesizethatproximitytothemarketisaprimaryfactorthatcausestheurban/ruraldifference.I.IntroductionMicrocredit,orthelendingofsmallloans(somea
5、ssmallas$50USD),hasbeenhailedasanewsolutiontotheproblemofpoverty.SupportersofMicrocreditassertthattheprogramsarebothself-sustainingandeffectiveasameansofraisingparticipant’sstandardofliving.Alongwiththispraisehasbeenavastincreaseinthenumberofmicro1Wa
6、bashCollegeandtheUniversityofSouthDakota,respectively.ThisversionFebruary2004.WearethankfultoDrHumbertoBarretooftheWabashCollegeEconomicsDepartmentforhelpinwritingtheMacrosusedtoanalyzeourdataset.WearealsogreatlythankfultoDavidandNancyOrrandtheRoggeM
7、emorialFundforfinancialandlogisticssupport.ThestaffsofALSOL,especiallyClaudioRovelo,PilarGarcia,KatiaCastro,andthepromotorswereoftheutmostassistance.Inaddition,MasudBahramandwasinstrumentalinhelpingcollectthedataandconductinginterviews.Finally,RamonG
8、onzaleztheIVandAaronLathamforassistanceandcomments.Allmistakesareours.ContactInformationGrimmerj@wabash.eduDonotquotewithoutpermissionfromtheauthors.Graphsavailableuponrequest.creditprograms,withanexpectationofmicrocreditservingupto100millionhousehol
